• Convenience: Online bill pay service makes it easier to organize bills and pay them before they are due. If an individual juggles rent/mortgage, cable, electricity, credit card payments and more; online bill pay can save time and help to avoid late fees. There is no requirement to log into several websites and remember multiple passwords. Credit unions also offer an option to pre-schedule payments on their due date. Whether the bills are received electronically or by mail, members can utilize an online facility to schedule payments.
• Security: Credit unions use the most suitable security protocols to keep their online transactions secure. Several methods are incorporated to keep member information safe including security layers, etc.
• Simplified Money Management: Making online payments can help members check account balance and determine whether the bill payment has been scheduled and paid. Other benefits may include searching for specific payments online, access to online payment history, setting up email alerts for payments, etc.
• Environmental Advantage: One of the biggest benefits of paying bills online is eliminating paper waste. Paying bills online will reduce the use of paper checks. In addition to eliminating paper waste, it also eliminates the costs of postage and envelopes.
• Easy Consolidation: Using an online payment facility will allow consolidating bills in one place as they are posted from one account each month.
• Organization: It is certainly possible to lose track of finances, but online bill payments help individuals to organize their records. With all the bills and payments organized at one single place, members can easily know if something is posted incorrectly.
• Saves Time: Once the electronic bill payment service is set up online, it takes just minutes to pay the bills. Increasingly people are shifting to electronic statements and making use of online bill pay, thus saving themselves time and money.

Purchasing a home requires a big financial input and usually people apply for a home loan to assist with the investment. However there are many criteria and conditions that you must fulfill to qualify for a loan. Here are some parameters that describe your home loan endorsement and explain who can apply for a home loan in Killeen, TX.

• Salary: One of the most important criteria that you must fulfill in order to be eligible for a home loan is regular employment. The loan providers seek the assurance that you can repay the loan amount smoothly without any interruptions. They make sure that the borrower has enough resources and seek documents such as your salary certificates, etc. High salary increases your chances of being approved for the loan.
• Stable job: To qualify for a home loan, you must have a stable job. You must be employed for at least six months or a year before applying for loan to show stability and a regular income.
• Existing loans: Before approving your home loan, the lenders may require information about any existing loan. If you have paid off your existing loans, it increases your chances of getting an approval.
• Property check: To approve your home loan the financial institutions and banks often check the property that you intend to buy and see if it is built as per the technical and legal norms. They even verify if the property is sanctioned by the authorities. It is crucial that you check whether the property has approved sanctioned plans and complies with the technical and legal aspects.
• Having saving account: Most of the financial institutions including banks approve loans for applicants who have a saving account. They often require the latest statement of your bank account to see whether you are capable of repaying the loan. Having enough savings increases your chances of getting approval for the home loan.
• Credit score: The mortgage companies and financial institutions check your credit score before approving the loan. Your credit score decides your interest rate, the amount that you can borrow and the loan type that you are qualified to obtain.

You may be required to furnish your personal details by filling an application form while applying for home loan. We, at Greater Central Texas Federal Credit Union offer easy home loans at affordable interest rates. For more details, call us at (254) 690 – 2274.